Bitcoin brokers

spreader_legger

Well-known member
447 38
Hi folks

just wondering if any one of you know a reputable broker that offers bitcoin on margin or CFD bitcoin related products

I've noticed AVA trade in my google searches, but these guys do not inspire me with too much confidence!

Thanks again
 

bigmistake

Active member
242 0
Bitcoin is hard to catch right now. I think you should avoid trading it or at least a broker can suddenly close it without any reasons.
 

spreader_legger

Well-known member
447 38
Comes down to leverage and risk management. But I guess with a synthetic product like a CFD, broker can say anything. Don't trust those clowns at Ava anyways. I asked if they had a direct line to the dealers in the event of system failure & they said I would have to go through customer services as they could be in a meeting.

PS I wouldn't day trade Bitcoin ;-)

Bitcoin is hard to catch right now. I think you should avoid trading it or at least a broker can suddenly close it without any reasons.
 

spreader_legger

Well-known member
447 38
Cheers.

Called them up, the dealer told me he was not taking any more bets as his book was full. when I asked him why he did not hedge his book, he told me they had credit risk to also consider.



Try spreadex
 

tar

Legendary member
10,441 1,309
Cheers.

Called them up, the dealer told me he was not taking any more bets as his book was full. when I asked him why he did not hedge his book, he told me they had credit risk to also consider.
Forget it , its not going to work anyway with any broker , either they suspend it or pull the market or widen their spreads ... etc .
 

PieterSteidelmayer

Well-known member
283 54
The current blockchain implementation for Bitcoin is deeply flawed quite apart from the outright skulduggery going on with a large number of the exchanges. While virtual currencies do have a future, the likes of Bitcoin do not. The paradox will be that the process of making any virtual currency as safe as any other fiat currency will take away a great many of the current arguments for them over fiat currencies.

Regulation bring with safety many of the restrictions that virtual currencies initially sought to bypass.

From a trading perspective I am not surprised some are still holding as many tend to hold losing positions far more resolutely than winning ones, but I'd be genuinely surprised if those holding at a profit were more than a single digit percentage of the whole.
 

rmenashe

Newbie
1 0
Bitcoin CFD

Hi folks

just wondering if any one of you know a reputable broker that offers bitcoin on margin or CFD bitcoin related products

I've noticed AVA trade in my google searches, but these guys do not inspire me with too much confidence!

Thanks again
Why not?
 

trade2bpro

Active member
158 1
I hear forex-metal offer btc trading. But I consider btc is a bubble-atm so I don't want to get risky to play with it.
 

bcoins

Newbie
1 0
Recent loss on BTC has threatened the BTC users. Yet, mtgox is working on it. Nothing can compare gold and silver, however this electric bitcoins has shaken the market. Which was really impressive, and things will definitely rise as long as there's merchants and users alive.
 

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